What is total value locked (TVL) in crypto and why does it matter? -Breaking
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Why is crypto total value locked (TVL) important?DeFi TVL’s largest network in 2022 was created. It accounts for more than half of all DeFi volumes worldwide.
Just under 500 protocols are included in the Ethereum DeFi network. The Ethereum DeFi network has an estimated TVL of $73 billion with 64% market share. This is in contrast to BNB Smart Chain which holds $8.74 Billion and 7.5% market share at $5.21 Billion and $4.19 Billion respectively.
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